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How is Internet of Things (IoT) Node and Gateway Market Evolving?
The internet of things (IoT) node and gateway market has grown exponentially in recent years. It will grow from $16.51 billion in 2024 to $21.23 billion in 2025 at a compound annual growth rate (CAGR) of 28.6%. The growth in the historic period can be attributed to proliferation of IoT applications across industries, advancements in sensor technologies, growing connectivity and network infrastructure, as well as increasing adoption of smart devices, and rise in data analytics and cloud computing.
The internet of things (IoT) node and gateway market size is expected to see exponential growth in the next few years. It will grow to $63.29 billion in 2029 at a compound annual growth rate (CAGR) of 31.4%. The growth in the forecast period can be attributed to expansion of 5G networks for IoT connectivity, integration of edge computing in IoT architectures, and growth in industrial IoT (IIoT) deployments. Other important factors include development of low-power wide-area networks (LPWAN), rising demand for secure IoT connectivity solutions, as well the emergence of edge intelligence and processing in IoT nodes, adoption of artificial intelligence (AI) in IoT devices, focus on energy-efficient IoT nodes and gateways, convergence of IoT with blockchain technology, implementation of standardized IoT protocols for interoperability.
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What Are the Major Drivers Stimulating the Growth of The Internet of Things (IoT) Node and Gateway Market?
The emergence of 5G technology is expected to propel the growth of the IoT node and gateway market in the forecast period. The enhanced 5G network coverage supports multiple network topologies, allowing IoT nodes and gateways to communicate easily. Throw in 5G’s increased stability, faster secure connectivity, enhanced bandwidth to transfer more data in a given period, and decreased latency delivering data faster, and it’s clear why 5G technology propels IoT node and gateway market growth.
What Are the Major Segments of The Internet of Things (IoT) Node and Gateway Market?
1. By Component: Sensors, Processor, Connectivity IC, Logic Devices, Memory Devices
2. By Connectivity: Ethernet, Wi-Fi, Bluetooth, Zigbee, Z-Wave, Other Connectivities
3. By Application: Healthcare, Automotive And Transportation, Consumer Electronics, Industrial, BFSI, Oil And Gas, Aerospace And Defense, Other Applications
4. By End User: Industrial, Consumer
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Who Are The Major Players in The Internet of Things (IoT) Node and Gateway Market?
Major companies operating in the internet of things (IoT) node and gateway market include Dell Inc., Advantech Co. Ltd., TE Connectivity Ltd., Cisco Systems Inc., Aaeon Technology Inc., Microchip Technology Inc., Nexcom International Co. Ltd., Helium System Inc., Samsara Networks Inc., STMicroelectronics N. V., Eurotech S. P. A, Adlink Technology Inc., Mitsubishi Electric Corporation, Lantronix Inc., NXP Semiconductors N. V, The Hewlett Packard Enterprise Company, Arm Holdings plc, Intel Corporation, Huawei Technologies Co. Ltd., Texas Instruments Incorporated, Notion Labs Inc., Beep Inc., Estimote Inc., Kontron S&T AG, Moxa Inc., MultiTech Systems Inc., NimbeLink LLC, Particle Industries Inc., Red Lion Controls Inc., Rigado LLC, Sierra Wireless Inc.
What Are the Emerging Trends within the Internet of Things (IoT) Node and Gateway Market?
Technological advancement is a key trend in the IoT node and gateway market, with companies seeking to offer new technological solutions for IoT nodes and gateways to meet consumer demand and strengthen their position. For instance, ADB SAFEGATE launched LINC Node in March 2022, a Gateway for Airfield Ground Lighting Infrastructure to the Internet of Things. LINC Node offers a cloud solution that enhances the maintenance cycle by allowing airfield ground information sharing and improving the potential to analyze the airport infrastructure, data, and alarm system.
Which Region Dominates the Internet of Things (IoT) Node and Gateway Market and Why?
North America held the largest share in the internet of things (IoT) node and gateway market in 2024. The regions covered in this market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa.
What Does The Internet of Things (IoT) Node and Gateway Market Report 2025 Offer?
An IoT node and gateway refers to the physical device or technology that performs important tasks such as data security and filtering, connecting devices, and protocol conversion, among others. These devices and software serve as a point of contact for various peripheral systems, including controllers, clouds, devices, and sensors. The Internet of Things (IoT) Node and Gateway Market research report from The Business Research Company offers global market size, growth rate, regional shares, competitor analysis, detailed segments, trends, and opportunities.
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